| |
 |
|
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|
|
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|
Year ended |
|
|
|
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|
30 Sept |
|
2005 |
|
2004 |
|
2004 |
|
R million |
|
R million |
|
R million |
|
(Unaudited) |
|
(Unaudited) |
|
(Audited) |
| EBITDA |
459,9 |
|
390,4 |
|
811,9 |
| (Increase)/decrease in net working capital |
(311,7) |
|
1 064,9 |
|
804,5 |
| (Increase)/decrease in RC&C Finance Company
accounts receivable* |
(232,3) |
|
983,8 |
|
691,5 |
| (Increase)/decrease in other working capital |
(79,4) |
|
81,1 |
|
113,0 |
|
|
|
|
|
|
| Cash generated from operations |
148,2 |
|
1 455,3 |
|
1 616,4 |
| Net interest and dividends received (including
associates) |
56,5 |
|
28,5 |
|
65,1 |
| Taxation paid |
(243,8) |
|
(198,7) |
|
(313,5) |
| Dividends paid (including outside shareholders) |
(217,7) |
|
(191,9) |
|
(268,1) |
| Net cash (outflow)/inflow from operating activities |
(256,8) |
|
1 093,2 |
|
1 099,9 |
| Net asset additions |
(22,5) |
|
7,0 |
|
(15,0) |
| Acquisition of subsidiaries, businesses and
other investments |
(3,8) |
|
(47,4) |
|
(239,4) |
| Share buy back – capital portion |
– |
|
– |
|
(247,2) |
| – dividend portion |
– |
|
– |
|
(229,4) |
| Other (net) |
10,3 |
|
10,8 |
|
17,2 |
| NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS |
(272,8) |
|
1 063,6 |
|
386,1 |
| NET BORROWINGS AT BEGINNING OF THE PERIOD |
(33,2) |
|
(419,3) |
|
(419,3) |
| NET (BORROWINGS)/CASH AND CASH EQUIVALENTS
AT END OF THE PERIOD |
(306,0) |
|
644,3 |
|
(33,2) |
| CASH RESOURCES OF THE GROUP |
|
|
|
|
|
| Cash and cash equivalents (net) |
319,1 |
|
688,8 |
|
280,9 |
| BORROWINGS OF THE GROUP |
|
|
|
|
|
| RC&C Finance Company short-term borrowings |
(625,1) |
|
(44,5) |
|
(314,1) |
| Net (borrowings)/cash and cash equivalents
at end of the period |
(306,0) |
|
644,3 |
|
(33,2) |
* In December 2003 R1 255,5 million was received on the sale
of the RC&C Finance Company debtors book. |
